This video parallels the video editor's own personal life experience and will hopefully help to communicate the challenges that a person with Asperger's Syndrome coupled with Schizophrenia far outweigh the benefits that such people can provide for society as a whole if we can transcend the perceived dysfunction and have empathy for the weirdness that disguises the phenomenal genius that most human beings will never understand.
Game Theory, aka The Nash Equilibrium, and the potential benefits for achieving integral solutions to the world's most challenging problems.
Recall the lessons of Adam Smith, the father of modern economics. In competition individual competition serves the common good. Every man for himself and those who strike out are stuck with their friends.
"Adam Smith needs revision, if we all go for the blonde then we block each other and not a single one of us is going to get her. So, then we go for her friends but they will all give us the cold shoulder because nobody likes to be second choice. But what if no one goes for the blonde? We don't get in each other's way and we don't insult the other girls and soon we'll win. That's the only way we all get laid. Adam Smith said, the best result comes from everyone in the group doing what is best for oneself. That is incomplete because the best result will come from everyone in the group doing what's best for themselves, AND, for the group." -- John Forbes Nash character explaining Game Theory/Governing Dynamics to his friends in a bar.
Game theorists use the Nash Equilibrium concept to analyze the outcome of the strategic interaction of several decision makers. In other words, it provides a way of predicting what will happen if several people or several institutions are making decisions at the same time, and if the outcome depends on the decisions of the others. The simple insight underlying John Forbes Nash Jr.'s idea is that one cannot predict the result of the choices of multiple decision makers if one analyzes those decisions in isolation. Instead, one must ask what each player would do, taking into account the decision-making of the others.
In game theory, the Nash Equilibrium is a solution concept of a non-cooperative game involving two or more players, in which each player is assumed to know the equilibrium strategies of the other players, and no player has anything to gain by changing only their own strategy unilaterally. If each player has chosen a strategy and no player can benefit by changing strategies while the other players keep theirs unchanged, then the current set of strategy choices and the corresponding payoffs constitute a Nash equilibrium.
Nash equilibrium has been used to analyze hostile situations like war and arms races (i.e. the prisoner's dilemma), and also how conflict may be mitigated by repeated interaction. It has also been used to study to what extent people with different preferences can cooperate and whether they will take risks to achieve a cooperative outcome. It has been used to study the adoption of technical standards, and also the occurrence of bank runs and currency crises (aka Coordination Game). Other applications include traffic flow (Wardrop's Principle), how to organize auctions (Auction Theory), the outcome of efforts exerted by multiple parties in the education process, regulatory legislation such as environmental regulations (Tragedy of the Commons), and even penalty kicks in soccer.
KEYWORDS: Game Theory, Nash Equilibrium, Non-cooperative, John Forbes Nash, A Beautiful Mind, Governing Dynamics, Algorithms, Calculus, Mathematics, Venn Diagrams, Prisoners Dilemma, Richard Sol, Saul Bender, Martin Hansen, Carnegie Scholarship for Mathematics, Autism Spectrum, Aspergers Syndrome, Schizophrenia, Schizophrenic, Princeton University
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